The breakaway gap: Currency Analysis

The breakaway gap sounds like it has quite ambitious plans. And indeed it does refer to a general change or pattern developing. But what exactly?

Well, it shows that there is enthusiasm for a major move in the market one way ot the other.

In fact what it does, more than that, is it signals the start of the end of the current trend with regard that particular currency.

As such it is often seen as particularly significant when this sort of gap is found in the price changes of a currency for the reason that it shows that a change of heart is occurring and depending which way the gap goes, things are either looking up or down and people will want to reflect and update their position and so on in that currency as a result.

Related Articles

Continuation Patterns Explained
The runaway gap: Currency Analysis
Profit in the financial markets: contrarian indicators
Foreign currency and moving averages
Japanese Candlestick Charts: Money and Currency Analysis
Getting a Water Meter Fitted

More Stocks and Shares Articles